Omnicell, Southwestern Energy and Ormat Technologies Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, June 28, 2022

• S&P SmallCap 600 constituent Omnicell Inc (NASD: OMCL) will replace Coherent Inc. (NASD: COHR) in the S&P MidCap 400, and Stride Inc (NYSE: LRN) will replace Omnicell in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 5. S&P MidCap 400 constituent II-VI Inc. (NASD: IIVI) is acquiring Coherent in a deal expected to be completed on July 1, pending final closing conditions.

• S&P SmallCap 600 constituent Southwestern Energy Co. (NYSE:SWN) will replace CDK Global Inc. (NASD:CDK) in the S&P MidCap 400, and Frontdoor Inc. (NASD:FTDR) will replace Southwestern Energy in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 6. Brookfield Business Partners LP (TSX: BBU.UN) is acquiring CDK Global in a tender offer expected to be completed on July 5.

• Ormat Technologies Inc. (NYSE:ORA) will replace CMC Materials Inc. (NASD:CCMP) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, July 7. Entegris Inc. (NASD: ENTG) is acquiring CMC Materials in a transaction expected to be completed on July 6.

• Enhabit Inc. (NYSE:EHAB) will replace Loyalty Ventures Inc. (NASD:LYLT) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 5. S&P MidCap 400 constituent Encompass Health Corp. (NYSE: EHC) is spinning off Enhabit in a transaction expected to be completed prior to the open on Friday, July 1, pending final conditions. Loyalty Ventures is no longer representative of the small-cap market space.

• Sun Country Airlines Holdings Inc. (NASD:SNCY) will replace Neenah Inc. (NYSE:NP) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 5. Schweitzer-Mauduit International Inc. (NYSE: SWM) is acquiring Neenah in a transaction expected to be completed on July 1.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker ARIVA.DE Börsen-Geflüster Kurse CDK Global -   0,00% CMC Materials Inc. -   € 0,00% Coherent -   0,00% Coherent Corp. 55,84 $ 0,00% Encompass Health Corporation 83,64 $ 0,00% Entegris 136,06 $ 0,00% FRONTDOOR INC. 31,28 $ 0,00% LOYALTY VENTURES -   0,00% MATIV HOLDINGS 18,56 $ 0,00% Neenah Paper -   0,00% Omnicell 27,40 $ 0,00% Ormat Technologies 64,48 $ 0,00% S&P Global Inc 415,31 $ 0,00% Southwestern Energy 7,75 $ 0,00% Stride 67,97 $ 0,00% SUN COUNTRY AIRL.HLD.-,01 13,78 $ 0,00%	GICS Sector
July 5, 2022	S&P MidCap 400	Addition	Omnicell	OMCL	Health Care
	S&P MidCap 400	Deletion	Coherent	COHR	Information Technology
	S&P SmallCap 600	Addition	Stride	LRN	Consumer Discretionary
	S&P SmallCap 600	Addition	Enhabit	EHAB	Health Care
	S&P SmallCap 600	Addition	Sun Country Airlines	SNCY	Industrials
	S&P SmallCap 600	Deletion	Omnicell	OMCL	Health Care
	S&P SmallCap 600	Deletion	Loyalty Ventures	LYLT	Communication Services
	S&P SmallCap 600	Deletion	Neenah	NP	Materials
July 6, 2022	S&P MidCap 400	Addition	Southwestern Energy	SWN	Energy
	S&P MidCap 400	Deletion	CDK Global	CDK	Information Technology
	S&P SmallCap 600	Addition	Frontdoor	FTDR	Consumer Discretionary
	S&P SmallCap 600	Deletion	Southwestern Energy	SWN	Energy
July 7, 2022	S&P MidCap 400	Addition	Ormat Technologies	ORA	Utilities
	S&P MidCap 400	Deletion	CMC Materials	CCMP	Information Technology

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